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09/9/14 - €0.31
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da ming international hold (DM7) Details

Da Ming International Holdings Limited is engaged in the processing, distribution, and sale of stainless steel and carbon steel products in the People’s Republic of China and internationally. The company offers machinery manufacturing services; professional services for precision cold-rolled and precision pipe-welding companies; cutting and large-scale bending services for cutting and forming business; stainless steel surface polishing services; and services for car exhaust pipes. Its products include steel plates and sheets. The company is also engaged in the purchase and sale of metal materials. It serves machineries, distributors, petrochemical, home hardware and appliances, automobile and transport, construction, renewable energy, and other industries. The company was founded in 1998 and is headquartered in Wuxi, the People’s Republic of China. Da Ming International Holdings Limited is a subsidiary of Ally Good Group Limited.

2,184 Employees
Last Reported Date: 09/15/14
Founded in 1998

da ming international hold (DM7) Top Compensated Officers

Co-Founder, Chairman, Chief Executive Officer...
Total Annual Compensation: CNY924.0K
Co-Founder and Executive Director
Total Annual Compensation: CNY700.0K
Executive Director
Total Annual Compensation: CNY1.1M
Executive Director
Total Annual Compensation: CNY1.0M
Executive Director, Member of Nomination Comm...
Total Annual Compensation: CNY900.0K
Compensation as of Fiscal Year 2013.

da ming international hold (DM7) Key Developments

Da Ming International Holdings Appoints Zhang Feng as Executive Director

Da Ming International Holdings has appointed Zhang Feng as Executive Director. The effective date is October 15, 2014.

Da Ming International Holdings Limited Reports Unaudited Consolidated Production and Earnings Results for the Six Months Ended June 30, 2014

Da Ming International Holdings Limited reported unaudited consolidated production and earnings results for the six months ended June 30, 2014. For the period, the company reported revenue of RMB 8,581,721,000 compared to RMB 6,793,499,000 a year ago, an increase of approximately 26.3%. Such increase was mainly due to the increase in the sales volume of both stainless steel and carbon steel businesses. Operating profit was RMB 282,970,000 compared to RMB 62,578,000 a year ago. Profit before income tax was RMB 228,602,000 compared to RMB 15,162,000 a year ago. Profit attributable to equity holders of the company was RMB 162,002,000 or RMB 0.16 per basic and diluted share compared to RMB 12,800,000 or RMB 0.01 per basic and diluted share a year ago. The company reported an increase in the profit of approximately 1,437%. The increase was mainly due to the increase in sales volume and processing volume of both stainless steel and carbon steel processing services as well as the significant improvement in gross profit as a result of the steady increase in the market price of stainless steel materials during January 2014 to May 2014. Net cash flows from operating activities were RMB 189,682,000 compared to cash outflows from operating activities of RMB 108,978,000 a year ago. Purchase of property, plant and equipment was RMB 209,278,000 compared to RMB 205,725,000 a year ago. For the six months, the company’s processing volume of stainless steel was 867,178 tones against 603,606 tones a year ago. Processing volume of Carbon steel was 177,456 tones against 69,731 tones.

Da Ming International Holdings Limited to Report First Half, 2014 Results on Aug 21, 2014

Da Ming International Holdings Limited announced that they will report first half, 2014 results on Aug 21, 2014


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